Myrtle

Ready

DeveloperCITYWALK RESIDENTIAL 1 L.L.C

CommunityCity Walk

AreaAl Wasl

Started

3 years 7 months ago01-06-2022

Handover

9 months ago01-04-2025

Status

CompleteFinished

Project Description

Residential Building (B + G + 7 floors + Roof) with Retail units at Ground floor (1No.) and Residential Units at typical floors (129 units)

Performance Alpha

Momentum: Last 90Dvs Last 12M Baseline

Stable

-1%

Decline

Current:AED 3,131/sqft

Last 12M:AED 3,164/sqft

Momentum: Last 12Mvs Prior Year

—No sales in period

Community Compare: Last 90DCity Walk

Premium

+9%

Above Avg

Project:AED 2,913/sqft

Community:AED 2,684/sqft

Liquidity: Last 12MExit Speed

Low

3%Turnover

4Sold (Last 12M)

Supply & Demand Matrix

Myrtle averaged 3% liquidity over the last 12 months, which is considered low. High velocity indicates an active secondary market with easier exit potential. Lower velocity suggests long-term holds or cooling demand.

Type

Absorption (L12M)

Velocity

1 Bedroom

90 units

3 sold87 left

Velocity

2 Bedrooms

39 units

1 sold38 left

Velocity

Shop

1 units

0 sold1 left

Velocity

Layouts & Units (130)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 10 units	Type Flat	Beds 1 B/R	Size 676 sqft	Avg Price AED 2.1M	Last Price AED 2.1M	Last Sold 9 days ago	Sales 1

Units 46 units	Type Flat	Beds 1 B/R	Size 678 sqft	Avg Price AED 2.1M	Last Price AED 2.2M	Last Sold about 2 months ago	Sales 2

Units 12 units	Type Flat	Beds 2 B/R	Size 1,103 sqft	Avg Price AED 3.8M	Last Price AED 3.8M	Last Sold about 2 months ago	Sales 1

Units R01	Type Shop	Beds —	Size 2,146 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 4 units	Type Flat	Beds 1 B/R	Size 670 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 6 units	Type Flat	Beds 1 B/R	Size 685 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 4 units	Type Flat	Beds 1 B/R	Size 722 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3 units	Type Flat	Beds 1 B/R	Size 732 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 4 units	Type Flat	Beds 1 B/R	Size 741 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 6 units	Type Flat	Beds 1 B/R	Size 831 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 6 units	Type Flat	Beds 1 B/R	Size 834 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 117	Type Flat	Beds 1 B/R	Size 1,060 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 16 units	Type Flat	Beds 2 B/R	Size 1,154 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 102	Type Flat	Beds 2 B/R	Size 1,288 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 6 units	Type Flat	Beds 2 B/R	Size 1,405 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 115	Type Flat	Beds 2 B/R	Size 1,496 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 116	Type Flat	Beds 2 B/R	Size 1,548 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 114	Type Flat	Beds 2 B/R	Size 1,695 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 101	Type Flat	Beds 2 B/R	Size 1,851 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

19 unique layouts covering 130 units